News

Over BGN 875,000 Disbursed for Aquaculture Projects

BULGARIA - The State Agriculture Fund has made an advanced payment of BGN 532,670 for the construction of a carp and sturgeon breeding farm.

The project has a price tag of BGN 1,775,568, of which BGN 1,065,341 will be European funding, reports BalkanBusinessToday.

The facility will be developed at two stages and is scheduled for completion for August 2014. A second company was granted BGN 242,761 to upgrade an existing cage complex and to build a further 30 cages near Pazardzhik.